- USD/CHF has broken major support 0.9515 and this confirms short term bearishness, a decline till 0.938/0.9325 is possible .
- On the higher side minor resistance is around 0.9525 and any break above targets 0.9560/0.9600.
- Overall bearish invalidation only above 0.9650.
- The pair’s is facing support around 0.9480 and break below will drag the pair till 0.9380/0.9320/0.9250 level.
It is good to sell on rallies around 0.9490-95 with SL around 0.9560 for the TP of 0.9380/0.9320
The material has been provided by InstaForex Company – www.instaforex.com